Real Estate Development Analyst

Job Responsibility:

About The Company

Enso Group Developments Inc. is a real estate development firm based in Vancouver, BC. Our goal is to elevate the standard for quality design and development and create spaces that deliver the highest value for the communities we work in and the partners we work with.

Working closely with the development team, and reporting to the CEO, the Real Estate Development Analyst will provide critical support throughout all phases of development.

The successful candidate will be expected to perform their roles with excellence, while maintaining high standards of professionalism in the duties and responsibilities described below:

• Create and maintain dynamic financial models for current and prospective development projects. This includes budgets, cash flow projections, waterfall distributions, comparable studies, and loan underwriting.
• Conduct feasibility studies for different types of asset classes. This includes analysis of site suitability, government regulations, and market conditions.
• Prepare detailed proforma analyses and reports to clearly communicate with upper management the financial performance and potential returns of future projects.
• Perform sensitivity analyses to identify and address key variables that can affect project performance.
• Assess risks and opportunities of future projects by analyzing multiple scenarios, and report to upper management to assist with informed decision-making and strategic planning.
• Provide regular updates and variance analyses on existing projects.
• Assist with sourcing and structuring debt financing for acquisitions and development projects.
• Assist with the management of the debt portfolio for all development projects.
• Manage the timely completion of real estate acquisition and financing due diligence processes/requirements
• Support the accounting team where needed.
• Collaborate with the development team and third-party consultants, including appraisers, government sources, financial institutions, and marketing agents to gather information to validate financial assumptions.
• Collaborate with internal team members, including the accounting department, to monitor appraised values, loan payments, insurance, and property taxes for all projects.
• Prepare reports for all current and prospective projects for internal and external audiences, such as development partners, investors, lenders, and public officials.
• Act as a point of contact with capital partners and lenders to coordinate projects and maintain positive working relationships with all parties.
• Perform other duties as needed and within the skill set of the successful candidate.

Preferred Skills & Experience

• CPA or CFA certification.
• Preferred: 5+ years in real estate development and financial analysis. Minimum 3 years.
• Bachelor's degree in real estate, business, finance or another relevant field.
• Excellent interpersonal and communication skills (both written and verbal).
• Must have excellent financial underwriting and analysis skills, including a strong understanding of complex deal structures.
• Experience in the hospitality sector is an asset.
• Experience as a business analyst and understanding of copywriting and legal structures is an asset.
• Ability to summarize complex issues and opportunities and present information in a clear and compelling manner.
• Local market knowledge an asset, including up to date knowledge of development projects, public agency relationships, active consultants.
• Expert-level proficiency in MS Excel. Working-level proficiency in MS Word, MS PowerPoint.
• Proficiency with Power BI, design software (Adobe InDesign and Illustrator), website domain management and web design is an asset.

Skill Test

A skill test related to real estate development, financial modeling, and investment presentations will be conducted during the interview process.

Other Information

Salary range: $70,000 - $90,000. Actual salary will depend on experience, skills and qualifications.

This role will evolve over time based on business needs and is a great opportunity to learn and take on new challenges to grow your skills.

Applicants must be legally eligible to work in Canada.

How to Apply

Please submit a Cover Letter and Resume to Voir email sur ca.edajobs.com. We value your interest in joining Enso. While we can only respond to shortlisted applicants, we will keep your information on file and consider you for future opportunities as they become available.

Job Types: Full-time, Permanent

Pay: $70,000.00-$90,000.00 per year

Education:

• Bachelor's Degree (required)

Experience:

• Microsoft Excel: 3 years (required)

Work Location: In person